Omaha area REO (Real Estate Owned) market stats for both Douglas and Sarpy counties for January 2017.  Foreclosure market is very active and buyer competition for new listings is high.

Steve Lauver, Nebraska Realty, Omaharealtypros.com

Omaha area REO (Real Estate Owned) market stats for both Douglas and Sarpy counties January 2017.

There were 38 sold (closed) REO homes sold on the Omaha area MLS for the month of January 2017. Comparing last month sale rate 38 sold to the current 50 active REO listings on the Omaha MLS. The REO market has 1.32 months’ inventory on the market.  This rate indicates a seller’s market.  The avg. list price for January 2017 is $83,446 and avg sold price is 83,106.

Active Listings

50

 

Average list price

 $      84,446

Pending Sales

51

 

Average sold price

 $      83,106

Closed Sales

38

 

Sale Price/List Price Ratio

98.41%

Avg DOM Sold

52

 

Absorption Rate

1.32

 

Information was pulled from the Great Plains Omaha Board of Realtors Multiple Listing Service 2/3/2017; OABR deems information reliable but not guaranteed.  Prepared by Steve Lauver—REALTOR Data does not include any private home sales

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